A continued increase in the announced layoffs

The number of announced layoffs from Norwegian employers has tripled in one year. This trend continued throughout December, the newspaper Dagens Næringsliv writes.

Recent statistics from Nav, which will be made public on Tuesday, show that unemployment is likely to continue to increase. In September DN wrote that the number of announced layoffs had tripled so far in 2015, compared with the previous year, and this trend continued throughout the year.

– These figures give a clear message. The number of notifications of dismissals and layoffs in 2015 is more than twice as many as in 2014. Only in December, a total of 4,200 people received notifications of dismissall, says CEO Sigrun Vageng in Nav.

Corporations and other organizations who intend to terminate or lay off ten employees or more are required to report it to the Nav. They are required to send the report of the notification at least 30 days before the affected people receive the message. Some of the notified dissmissals of layoffs may prove to not be implemented, but to Nav these statistics is still an important indicator on conditions and trends in the labor market.

– We see that it is likely that the forecasts we have come up with for 2016 may turn out to be correct, says Vageng.

Nav`s forecast implies that the registered unemployment rate will be at 90,000 people on average for 2016, which is 10,000 higher than the average for 2015. Of the roughly 4,000 notifications they received in December, 70 percent was from the oil production or industry.

About us

Norway Today Media, is an independent newspaper. Our goal is to bring you the latest Norwegian news and happenings in English. We are not connected to any political party, and do not belong to any of the major newspapers in Norway. As a result of this, we are able to give you a neutral view of what is happening in Norway on a day to day basis..

Copyright

Articles and photos that you find in this newspaper, are copyright protected and owned by Norway Today Media. Copying content from the newspaper for commercial use is prohibited. If you should wish to use any of the paper’s content, you are welcome to contact us.